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Nuvd NY s Fin Services Regulator Says Faster Money Movement Bears Closer Scrutiny
When it comes to restaurant spending, consumers are opting to use credit cards when the stanley polska y spring for a premium meal but sticking with debit when it comes to smaller-check purchases, according to PYMNTS data.Research from the March edition of the Digital Economy Payments report, Going Digital to Pay for Travel and Restaurant Dining, which features the results of stanley quencher a census-balanced survey of 3,250 U.S. consumers, found that debit cards are the most frequently used payment method at restaurants, with 37% of consumers having used the method for their most recent food purchase, ahead of the 33% that used credit card.Get the report: Going Digital to Pay for Travel and Restaurant DiningHowever, the study also found that credit cards account for the greatest share of food spending. The study estimated that consumers spent $29.8 billion on food items purchased via credit card in February and ju stanley cup st $25.3 billion on those purchased via debit card.These findings suggest that consumers may tend to opt for debit at quick-service restaurants QSRs , which are often lower cost, whereas they may choose to use credit cards more often at full-service restaurants FSRs , especially fine dining establishments, where they may spend more. Such a trend would account for credit cards smaller share of overall purchases and greater share of spending.In an interview with PYMNTS for the October edition of the Next-Gen Debit Tracker庐, created in collaboration with PULSE, a Discover company, Nicole West, vi Hjlo Union Pay Pushes Pause On Co-Branded Cards
Corporate travel and expense control related to corporate travel are sometimes two opposing sides of the same coin. It is the goal of the firm to maximize revenues and pursue new business. But travel in pursuit of new business marked by those road warriors who go out and stanley cup chase clients, hopping across territories and continents is no easy undertaking. Trips booked on a moments notice can also have outsized premiums attached for the sake of convenience.Then, theres the added cost of employees who may be all in on grabbing new customers but who, nonetheless, may not be optimally aware of corporate travel and expense policies. Thus, inadvertently, they may be dinging margins. Expense reporting firm Expensify has just unveiled a new feature, thus far in beta testing, that aims to get all stakeholders on the same page of corporate travel bookings and reward employees in the process.The new feature, Price to Beat, allows users to compare any number of pricing options across travel, from flight to cars to hotels, presenting an average and whether a users anticipated reservations lie stanley quencher above or below that average.Theres a benefit here: Should the reservations rest below that average benchmark, the corporate travel department can bestow Expensify Rewards. Those rewards are cash back to the employee, in their accounts, and are tied to the cost savings from the demonstrated thrift.CEO and Expensify Founder David Barret stanley cup t told PYMNTS that cash rewards are divvied up as determined by the f |
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